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CWG Holdings (9423) Fair Value & Analysis

Basic Materials · MY · Market cap 44.5M MYR

Price0.1500 MYR
Fair Value0.4100 MYR
Upside+173.3%
Quality95/100
Evidence: High Range 0.3100 MYR – 0.5100 MYR

Fair value as of: Jun 26, 2026

Analysis

CWG Holdings (9423) currently trades at 0.1500 MYR, while our model-based Fair Value estimate is 0.4100 MYR — implying the stock looks roughly 173.3% undervalued today. We read business quality at 95/100 (high quality), in the Basic Materials sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high) — always confirm before acting.

About the company

CWG Holdings Berhad, an investment holding company, engages in the manufacture and sale of paper-based stationery and printing materials in Malaysia, Africa, the United States, Europe, Oceania, and rest of Asia. The company operates in three segments, Manufacture and Sale of Stationery and Printing Materials; Investment Holding; and Property Development. The company supplies and distributes non-paper based stationery, gift paper, and pre-school educational materials. It also engages in the property development; and real estate activities with own or leased property and other specialised construction activities. In addition, it provides printing and other related services. The company supplies its products to hypermarket chains, bookstores, specialty stores, supermarkets, wholesalers, retailers, and multinational corporations. It also exports its products to approximately 58 countries. The company was formerly known as CWC Holdings Berhad and changed its name to CWG Holdings Berhad i…

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Frequently asked questions

Is CWG Holdings (9423) undervalued?
As of Jun 26, 2026, our model estimates a fair value of 0.4100 MYR versus a price of 0.1500 MYR — about +173% (undervalued). Model-based estimate, not financial advice.
What is the fair value of 9423?
Our 21-model fair value for CWG Holdings is 0.4100 MYR (as of Jun 26, 2026), built from audited fundamentals. The current price is 0.1500 MYR.
What is the quality score of 9423?
CWG Holdings has a Quality Score of 95/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.